Economic theory suggests that trade retaliation is only justified if it forces the United States to back down from a multi-stage trade war, as such wars typically amplify economic damage to all parties.

Authors

• Person: Kent Jones Organization: European Center for Populism Studies
  Transatlantic Trade, the Trump Disruption and the World ... - ECPS

Sources

• Transatlantic Trade, the Trump Disruption and the World ... - ECPS www.populismstudies.org Kent Jones · European Center for Populism Studies via serper

Referenced by nodes (1)

• U.S. location